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SierraChart-Studies

Volume At Price Threshold Alert V2 Extended

Same study as the native one from SierraChart, but with complementary filters:

  1. Filter by Bar type : Bulish, Bearish or Both
  2. Filter by position (Above/Bellow) to Reference Price (OHLC) +- offset (in ticks).

Configuration

  • Enable Extended Configuration Yes/No : select yes to use.
  • Bearish/Bullish Bar : Alert on Bearish or Bulish or Both Candles
  • Price of alert Above/Bellow Base price (OHLC) + Offset
    • OHLC Base price : None (no price alerte comparaison)
    • Price offset Bellow/Above : in tick
    • Above/Bellow Price + Offset
  • Bid Volume Filter (0 = disabled)
  • Ask Volume Filter (0 = disabled)
  • Total Volume Filter (0 = disabled)

use case

mzpack absorption

Use twice, one for support and one for resistance

  • support = sell imbalances bellow bar close - depth ticks
  • resistance = buy imbalance above bar close + depth ticks
mzpack config SierraChart support SierraChart resistance
Absorption % Comparison Method = Ask Volume Bid Volume Diagonal Ratio
Percentage Threshold = - Absorption % - 100%
Comparison Method = Ask Volume Bid Volume Diagonal Ratio
Percentage Threshold = Absorption % + 100%
Bearish/Bullish Bar = Both Bearish/Bullish Bar = Both
Enable Zero Bid/Ask Compares = Yes
Zero Value Compare Action = Set Percentage to +/- 1000%
Enable Zero Bid/Ask Compares = Yes
Zero Value Compare Action = Set Percentage to +/- 1000%
Depth Price offset Bellow/Above = - Depth Price offset Bellow/Above = Depth
Filter Bid Volume Filter = Filter Ask Volume Filter = Filter
S/R zones: enable Draw Extension Lines = All Prices in Adjacent Alerts
Draw Extension Lines With Transparent Range = Yes
Draw Extension Lines = All Prices in Adjacent Alerts
Draw Extension Lines With Transparent Range = Yes
S/R zones: consecutive levels Highlight Adjacent Alerts Minimum Group Size = S/R zones: consecutive levels Highlight Adjacent Alerts Minimum Group Size = S/R zones: consecutive levels
S/R zones: volume filter Total Volume Filter = S/R zones: volume filter Total Volume Filter = S/R zones: volume filter